Government
Hanover County, Ashland approve development
Chesapeake's controversial golf course declared safe by EPA
The Battlefield Golf Club at Centerville, built on fly ash and the object of a $1 billion lawsuit, has been declared safe by the U.S. Environmental Protection Agency.
Proposed Virginia Beach budget doesn't raise property taxes
Virginia Beach's proposed $1.9 billion budget eliminates 170 positions, almost half of which are currently vacant. Property tax rates will stay the same. Because home values have dipped, most homeowners will see their tax bills go down.
The budget also includes money for a new animal shelter and a recreation center.
Read more in The Virginian-Pilot....
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Virginia Beach's Ashville Park headed for foreclosure
Foreclosure is looming for Ashville Park, a luxury 452-acre housing development in Virginia Beach.
Wells Fargo & Co. will auction off approximately 94 home lots at the community, plus 331 acres of raw land. The auction is scheduled for 3 p.m. on May 12 in Virginia Beach.
Read more in The Virginian-Pilot....
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Tax credit deadlines extended a year for service members
Members of the U.S. military, foreign service, and intelligence communities have an extra year to claim the homebuyer tax credit. As long as the qualified service member has been on extended duty outside of the United States for 90 days or more (between Jan. 1, 2009 and April 30, 2010), he or she has until April 30, 2011 to sign a sales contract and until June 30, 2011 to close on the property.
Read more at the IRS website....
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Shenandoah County's budget shortfall worries Sheriff
Shenandoah County has to close a $2 million budget shortfall in fiscal 2010-11, and County Sheriff Tim Carter is bracing for cuts to his department that could total $564,000. “We're going to do the best that we can,” Carter said Wednesday afternoon. “But a reduction of this magnitude is a significant reduction to a department that does not have a bloated budget…There is going to be an impact.”
The fire department is also being asked to make do with less -- about $90,000 less than it had requested.
Reductions in public safety budgets can have a negative impact on home values if services are affected.
Read more at the Daily News-Record....
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NAR Federal Political Coordinator Conference
A National Association of Realtors® conference to educate and update Realtors® who serve as Federal Political Coordinators and RPIC Chairs.